Day trading guide for September 6, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

The Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS and SBI. Based on the trend, it also gives intraday trade recommendations with specific entry as well as stop-loss levels. The mentioned resistances and supports will be the exit levels. Do note that the recommendations are based on Technical Analysis and there is a risk of loss in trading.

₹1575 • HDFC Bank

S1	S2	R1	R2	COMMENT
1555	1535	1590	1600	Can go either way. Avoid trading this stock for now

₹1477 • Infosys

S1	S2	R1	R2	COMMENT
1465	1440	1485	1510	Go long only above 1485. Keep the stop-loss at 1475

₹443 • ITC

S1	S2	R1	R2	COMMENT
442	439	446	450	Go long only above 446. Stop-loss can be kept at 444

₹183 • ONGC

S1	S2	R1	R2	COMMENT
182	180	185	187	Go short below 182. Stop-loss can be placed at 183

₹2424 • Reliance Ind.

S1	S2	R1	R2	COMMENT
2415	2400	2435	2460	Go long only above 2435. Keep the stop-loss at 2425

₹573 • SBI

S1	S2	R1	R2	COMMENT
571	567	578	582	Go short below 1571. Stop-loss can be kept at 572

₹3428 • TCS

S1	S2	R1	R2	COMMENT
3405	3385	3450	3465	Wait for dips. Go long at 3410. Keep the stop-loss at 3395

19655 • Nifty 50 Futures

S1	S2	R1	R2	COMMENT
19615	19575	19700	19750	Go long now and at 19625. Keep the stop-loss at 19590

S1, S2 : Support 1 & 2; R1, R2: Resistance 1 & 2.

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Day trading guide for September 6, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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Day trading guide for September 6, 2023: Intraday supports, resistances for Nifty50 stocks

Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS and SBI

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